Enhancing Supply Chain Resilience in Crude Refineries: Strategies for Minimizing Product Loss and Boosting Energy Efficiency
Abstract
The current study was focused to increase the supply chain resilience by identifying product losses in crude refinery industry. Modern technological methodologies were implemented to turn combustible gases into valuable resource, enhancing energy generation as well as energy efficiency. Utilizing non-probability sampling, a total of 142 responses from crude refinery professionals were assessed using Smart PLS v 4.0 and multiple regression analysis. The outcomes show that with crude refinery operational performances playing a critical role, technological integration reduces flare losses. Although, the crude oil type did not significantly affect this relation. Equipment implementation such as gas engines as well as fractionators increases the flare gas utilization, generating an energy of 1280 Kw and decreasing consumption of diesel. Apart from these positive results, limitations such as credits delayed letter and huge local taxes were observed. This research concluded that improvising operational performances and technological integration can significantly decrease losses of flare gas and promoting the sustainable practices within oil refinery industry.
Keywords: Supply Chain Resilience; Preventing; Product; Crude Refinery.